Disney Leads These Stocks to 52-Week Highs as DJIA Closes at 12,835

Walt Disney Company (NYSE:DIS): Executives at Disney-owned Marvel are upset that Viacom’s (NYSE:VIA) Paramount, which lost distribution rights to Marvel properties after Disney’s takeover, appeared to be crowing after word leaked that it will earn $115M in fees for Avengers and the upcoming Iron Man 3, according to the New York Post. The shares closed at $45.02, up $0.72 or 1.63% on the day. They have traded in a 52-week range of $28.19 to $44.50.

Cost Plus (NASDAQ:CPWM): Bed Bath & Beyond Inc. (NASDAQ:BBBY) and Cost Plus, Inc. (NASDAQ:CPWM) jointly announced that they have entered into a definitive agreement under which Bed Bath & Beyond Inc. will acquire Cost Plus, Inc. in an all cash transaction. Bed Bath & Beyond Inc. has agreed to make a cash tender offer for all outstanding shares of Cost Plus, Inc. common stock at a price of $22 per share, followed by a merger in which all shareholders that have not tendered would receive the same consideration. The Boards of Directors of both companies have unanimously approved the terms of the transaction. A special committee of the Cost Plus, Inc. Board of Directors also recommended the transaction following receipt of a fairness opinion from its financial advisor. In addition, Bed Bath & Beyond Inc. has entered into agreements with Red Mountain Capital Partners LLC and Stephens Investment Holdings LLC, the two largest shareholders of Cost Plus, Inc. pursuant to which each shareholder has committed to tender all of their shares, which in aggregate comprise approximately a 26% interest in Cost Plus, Inc., into the offer, subject to certain conditions. The shares closed at $21.93, up $3.94 or 21.9% on the day. They have traded in a 52-week range of $5.57 to $20.06.

Dean Foods Company (NYSE:DF): Sees positive free cash flow for rest of year, sees meaningful reduction in debt in 2012.  The shares closed at $14.15, up $1.43 or 11.24% on the day. They have traded in a 52-week range of $7.83 to $13.90.

First California Financial (NASDAQ:FCAL): First California Financial Group the holding company of First California Bank, announced, in response to PacWest Bancorp’s (NASDAQ:PACW) unsolicited and highly conditional offer to acquire First California Financial Group for shares of PacWest common stock, First California stated that its Board of Directors promptly reviewed the proposal and sought further clarifying information from PacWest concerning the terms and value of the proposal and related matters. However, PacWest failed to provide satisfactory answers to those questions and refused to enter into a nondisclosure agreement that did not contain an exclusivity provision. The First California Board did not believe that it was in the best interests of stockholders to grant exclusivity to PacWest in the absence of satisfactory clarification of the terms and value of its proposal and taking into account the other strategic alternatives that First California may pursue, including discussions with third parties. The shares closed at $6.71, up $1.1 or 19.61% on the day. They have traded in a 52-week range of $2.77 to $6.06.

Fleetcor Technologie (NYSE:FLT): FleetCor reports Q1 adjusted EPS 60c versus consensus 58c. The shares closed at $40.87, up $0.32 or 0.79% on the day. They have traded in a 52-week range of $24.28 to $40.44.

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